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The Fiverr Misconception

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Posted 21st February 2012 at 11:37 PM by Daniel Evans
Updated 27th May 2019 at 12:24 PM by Daniel Evans

"You can't earn good money from fiverr selling at only $5 a pop!"

....are the cries from the population.

"You can if you sell enough. Look at McDonalds who sell burgers for $4!..." the response of those who are a little more switched on.

Lets look at the situation from another perspective. Let's put on our opportunity spectacles and see through the eyes of a profitable businessperson who doesn't like to be a busy fool. Let's swing ourselves around to the other side of the desk.

If you want to profit from fiverr you do not have to participate amongst everyone to offer your own gigs.

Take a brief look at fiverr. Skim through every category and make a brief mental note of the variation of gigs and the sheer effort people are willing to put into these gigs for a pittance of $5.

You do not have to join the collective to scrape in these $5's ($4 after Fiverr tax) in hope that they will accumulate into something hugely fruitful.

Everyone on fiverr is your workforce.

The proper money to be made from Fiverr is from a process known as arbitrage. This is simply buying and selling for more.

If a user is offering to do a personal portrait for $5 don't think to yourself "I could do the same because I have artistic talent", rather "I could build a website to sell this service for $500 pass the work onto this individual and net $495!"

Think Bigger! Think Wiser!
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